Truist Securities Boosts Nvidia’s Price Target to $1177 with Strong Buy Rating Intact

Truist Securities, a financial services firm, recently increased Nvidia’s price target to $1177, while maintaining a strong buy rating on the stock. This decision follows Nvidia’s fourth-quarter earnings, which impressed analyst William Stein enough to warrant sustained confidence in the company’s momentum. Stein emphasized Nvidia’s dominant position in parallel compute and artificial intelligence (AI), attributing … Continue reading Truist Securities Boosts Nvidia’s Price Target to $1177 with Strong Buy Rating Intact